Mixed-Use
22320 119 Avenue, Maple Ridge
22320 119 Ave, Maple Ridge, BC V2X 7W7
Listing Price: $2,200,000
Investment Overview
The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 22320 119 Avenue, Maple Ridge, B.C. (the "Subject Property"). The Subject Property is a mixed-use asset in the rapidly evolving and densifying Town Centre area of Maple Ridge. Boasting four residential suites above and a long-term retail tenant on the ground floor, the Subject Property provides prospective purchasers with an opportunity to turn over the in-place, below market rents for significant upside while Maple Ridge town Centre continues to see its surge of growth and densification.
22320 119 Avenue, Maple Ridge
Investment Highlights
- Fully leased, freehold commercial asset in Greater Vancouver offered at an attractive price point
- Four 1-bedroom units on second floor and a ground floor retail unit provide scale commonly unseen in this price range
- Current below-market rents for both the residential and retail units provide opportunity for significant income upside
Exclusively Listed By
Listing Price: $2,200,000
Investment Highlights
- Fully leased, freehold commercial asset in Greater Vancouver offered at an attractive price point
- Four 1-bedroom units on second floor and a ground floor retail unit provide scale commonly unseen in this price range
- Current below-market rents for both the residential and retail units provide opportunity for significant income upside
Investment Overview
The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 22320 119 Avenue, Maple Ridge, B.C. (the "Subject Property"). The Subject Property is a mixed-use asset in the rapidly evolving and densifying Town Centre area of Maple Ridge. Boasting four residential suites above and a long-term retail tenant on the ground floor, the Subject Property provides prospective purchasers with an opportunity to turn over the in-place, below market rents for significant upside while Maple Ridge town Centre continues to see its surge of growth and densification.
Exclusively Listed By
